$53 Million International Automotive Forged Component Manufacturer

• This Norwegian company was running out of cash and approached BBK's client, for assistance
• Sales volumes for the new program were substantially lower than expected
• Launch costs at two new facilities were abnormally high

• BBK performed an operational and financial assessment of the Company
• Cost reduction plans were developed and implemented
• An investment banking firm was retained
• BBK was instrumental in negotiating the sale of the Company on favorable terms

• Approval for the production processes were achieved
• Costs were reduced and sales increased
• The Company achieved positive cash flow within ten months
• Client's production was protected
• The Company was sold as a going concern